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The Wheat Tour
Bright and early this morning, more than 100 brave souls embarked upn a three-day journey that will enlighten, entertain and inform. The journey is the Wheat Quality Council’s annual Wheat Quality Tour of Kansas; the brave souls include farmers; representatives from … Continue reading
Posted in Agronomy
Tagged agriculture, crop condition, Kansas Wheat, markets, wheat harvest, wheat quality, Wheat Quality Council, Wheat tour
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The Buzz
A rain in the Plains falls gently on the grain; Lane Co. land values and record farm incomes. Big news in the wheat trade this week is that Iran has bought nearly 120,000 tons of U.S. Hard Red Winter wheat, its … Continue reading
USDA Reports are ‘Last Week’s News’
Last week’s big Crop and Wheat Plantings reports from the U.S. Department of Agriculture sent futures markets tumbling. But today, these reports are old news, as the markets are being influenced by “today’s” news. For instance, while January weather usually … Continue reading
Posted in Markets
Tagged agriculture, crop condition, dryness, Kansas Wheat, markets, USDA, wheat
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The Buzz
Bearish reports, a ’Blueprint’ from USDA and the need to thwart domestic terrorists. That crashing noise you heard in the Farm Belt yesterday was the sound of wheat, corn and soybean prices plummeting, following the January World Agricultural Supply and Demand Report. … Continue reading
Posted in Markets, The Buzz
Tagged advocacy, American Farm Bureau, Kansas Wheat, markets, MF Global, USDA, world supply and demand
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Weather Outlook Influencing Recent Price Moves
The wheat crop in Kansas is rated 46% good and 7% excellent, according to the Kansas Ag Statistics January Crop Report, released Jan. 3. Compared to this time last year, this is a dramatic improvement. But this crop still has … Continue reading
Posted in Markets, Supply and Demand
Tagged Kansas Wheat, markets, USDA, wheat, wheat feed, world supply and demand
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Plenty of Wheat in the World…for Now
From the farmer-funded U.S. Wheat Associates, here is analysis on the December World Agricultural Supply and Demand Estimates report from USDA. A quick look at the new 2011/2012 forecasts tell the story: Global wheat production up to a record 689 … Continue reading
Posted in Supply and Demand
Tagged markets, USDA, wheat, wheat quality, world supply and demand
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